EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline downwards

A bearish trend down to the next support line at 0.93393 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.94283 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.94283 – 0.93492 – 0.93539 – 0.93393 – 0.93347 – 0.93400 — 72.245756209905 – 68.128765834488 — 32.415522846381 – 25.446922955229 – 31.349035927702 – 32.564596460352

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – –